RSM

India has reported an unexpected jump in inflation, according to an analysis by RSM US economists. The surprise reading raises the stakes for the Reserve Bank of India, which now faces mounting pressure to respond, potentially keeping interest rates higher for longer and complicating its growth-support policies.

Pien Hersman is making headlines in the Netherlands after the former top speed skater said she is increasingly confronted with a striking question, which she attributes to her age: 'It must be the age.' Her comments have drawn attention among Dutch skating fans, sparking discussion about how the young athlete is perceived and why her age keeps coming up in conversations.

Advisory firm RSM is cautioning that nonprofit fundraising is becoming increasingly concentrated and uneven, with resources flowing unevenly across organizations and causes. The firm recommends that nonprofits plan strategically for this environment rather than assuming broad-based donor support. The warning reflects broader concerns about tightening philanthropic giving and competition for a shrinking pool of major donors.

The US Army has selected five companies to continue development of the Precision Strike Missile (PrSM), its next-generation long-range surface-to-surface weapon. According to Military Times, the selections mark the next phase of a competition aimed at expanding production capacity and competition for the program, which is a key part of the Army's modernization priorities. The companies named have not been detailed in the available coverage.

A draft EU Kids Act proposes a multi-tier age verification model for digital media, including a widely demanded ban on social media use for young children, but going beyond that with broader youth protection rules. German tech outlet heise has published an analysis of the critical points in the proposal, sparking discussion about how far the EU should go in regulating children's access to online services.

A digital asset tax reform bill is advancing through the legislative process, with analysts flagging broad implications for businesses. RSM commentary highlights that companies holding, trading or transacting in digital assets could face significant changes to reporting and tax treatment if the measure becomes law. Firms are expected to reassess compliance and planning strategies.

RSM UK, the audit, tax and consulting firm, has announced the appointment of a new head of VAT technology. The role will focus on the firm's value added tax technology services as businesses face growing automation and digital reporting requirements in tax compliance. No further details about the appointee or start date were given in the announcement.